This report provides a solid discussion on employability skills, the transformation of the job market, as well as the major areas of focus based on employers and employee’s perspectives. The focus is on students with commerce degrees, who are expected to develop their skills while completing their third-year degree.
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Surname1 Letter of transmittal School management Best street 9097494 www.school@beststreet.edu 31/5/2018 James Brown, The representative, 2018 cohort, Best Street 2009090. Dear James, Presented below is the report on student employability in the modern labour sector. The purpose of this report is to provide an extensive discussion as to the skills which employers look for, to determine the employability of graduates in different fields. The report encourages intellectual development and the overall transformation of the society into a learning platform. As far as higher education is concerned, the focus should be on the employability of graduates from different institutions, which can be a richer concept and a much beneficial one, rather than the focus on skills development. This report, therefore, emphasised the importance to start thinking beyond critical skills in the case of graduate employability. Additionally, I have also included basic strategies and recommendations, which can be of help to both the institution and the students in general. The problems facing employability in the modern employment platform are not only related to institutional aspects but personal concerns which need to be followed up. The report begins with a discussion which highlights various components that determine student employability right after their graduation from higher learning institutions. Skills, capabilities an
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Surname2 attributes which employers are continually seeking have been explored. Secondly, I have also provided a summary of the entire report has also been provided, to help understand the flow and critical areas. The focus is on students with commerce degrees, who are expected to develop their skills while completing their third-year degree. Yours sincerely, (Name and signature) Head of student development program
Surname3 GRADUATE CAPABILITIES SOUGHT BY EMPLOYERS Student’s Name Professor’s Name Course name Institution City Date
Surname5 Executive summary Based on the perspectives derived by most employers, graduate employability seems to be focused on ‘work readiness. Work readiness according to employers, is centered on the possession of skills, attitudes, knowledge and understanding, which will enable graduates to perform tasks as expected (Bridges, 2013). This report provides a solid discussion on employability skills, the transformation of the job market, as well as the major areas of focus based on employers and employee’s perspectives. Employability skills are graded as generic in nature, rather than being job specific. This way, they cut across all industry platforms. For a commerce student, the main focus should be on precision and accuracy especially when dealing with calculations that requires high level of speed and efficiency (Bridges, 2013). A commerce student and graduate needs to also prove to the employer that he or she exhibits critical thinking skills, which will enable him to perform as expected on the job (Bridges, 2013). The report emphasizes on the bottom line which is to come up with ways through which students and learning institutions can be empowered, in order to develop graduate competencies, and enable them to possess credible skills in the competitive employment sector. All these aspects should not be shunned, thus the thorough review made on all skills in this report.
Surname6 1.0. Introduction 1.1. Background There is minimal doubt regarding the aspect of graduate employability, which continues to rise and has been considered a priority issue of consideration for most bodies involved in university decision making. Employability is one of the most important aspects considered when evaluating the performance of universities. Poor employability figures point towards inefficiency in the university learning system, hence branded as the lack of readiness for graduates to be absorbed into the job market. The employability agenda needs to be upheld, in order to ensure that students do not just choose universities, while solely relying on the employability figures. A lot needs to be done to enhance the quality of education and skills passed on. Education is one of the most important element when it comes to the analysis of human capital, and cannot therefore, be shunned. The human capital element of every education system is inescapable. Learning needs to be responsive to the employment needs of individuals, and development skills ought to also, be incorporated into the learning process. 1.2. Purpose The purpose of this report is to provide an extensive discussion as to the skills which employers look for, to determine the employability of graduates in different fields. The report encourages intellectual development and the overall transformation of the society into a learning platform. As far as higher education is concerned, the focus should be on the employability of graduates from different institutions, which can be a richer concept and a much beneficial one, rather than the focus on skills development. This report, therefore, emphasized the importance to start thinking beyond critical skills in the case of graduate employability. 1.3. Scope
Surname7 The report begins by a discussion which highlights various components that determine student employability right after their graduation from higher learning institutions. Skills, capabilities an attributes which employers are continually seeking have been explored. Secondly, a summary of the entire report has also been provided, to help understand the flow and critical areas which have been focused on. Further, recommendations and strategies which can be used by students to make them more employable have also been presented. The focus is on students with commerce degrees, who are expected to develop their skills while completing their third year degree. The report is focused on addressing James Brown, a representative of the entering cohort for the year under consideration. 2.0. Discussion Key skills have become the central component under consideration. High education agencies and graduate recruitment firms are keen to consider skills rather than scores in tests from most students. Universities, on the other hand, have begun to put into place massive investments when it comes to skill development, with the aim of improving employability (Burges, 2007). Most institutions are also keen to comply with the QAA auditing requirements, and this has led to intensified advocacy over the skills agenda which is promoted even by the academic staff in most learning institutions. The concept of capability is what profoundly drives the employment sector in the modern world (Burges, 2007). Confidence and self-esteem are highly considered by employers, which are considered essential skills and competencies when it comes to securing suitable employment. A lot of competencies need to be developed, to enable graduates to discover their potential (Crammer, 2006). Capability is associated with the capability for voice, capability for action, and the capability for deliberation. The capability for voice is associated with the ability
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Surname8 of an individual to express their opinions, especially in public and make them count. It is more than the skill considered to be self-assertion, as it has a lot to do with recognition of self by others (Crammer, 2006). The three capabilities are the major focus areas by employers and graduates are expected to exemplary display these in the competitive sector. Other skills which are commonly considered include: flexibility of the individual, ability to cope with uncertainties, ability to be socially sensitive, the ability to contribute to the innovative concepts and remain creative, understanding different cultures, and entrepreneurial skills (Crammer, 2006). 3.0. Summary and conclusions It is highly probable that the demands for learning institutions to improve in the rate of production of employable graduates will increase (Dearin, 2017). Therefore, it is wise for both universities and students do to all they can to ensure that their employability is predetermined and shaped. It is time students took up their own initiative, especially in improving their chances of employability. After understanding the skills which are focused on by most employers, students ought to work towards improving themselves, rather than waiting upon tutors and university bodies. There is a need for the students to therefore, reflect upon what they can do best, and be able to seek directed guidance (Hayward & Fernandez, 2004). Perfecting skills on specific portfolios which employers focus on will help a long way. Research in challenging experiences will help realize the most significant hurdles which one can be tested on, hence remain prepared (Hinchiffe, 2012). This paper has provided a distinct discussion on the aspect of skills and employability, and the transformation of the employment industry, as well as expectations from students and universities by the employers.
Surname9 4.0. Recommendations There is a need for higher learning institutions to consider basic recommendations, which will help in improving the employability for their graduates. In the commerce field for instance, which is the major area of focus in this report, there is a need to invest heavily in skill development (Noris, 2011). Learning institutions could involve themselves in; employment of skills development professionals of the purpose of supplementing the role of career advisory, development of online skill portfolios, running skilled courses and modules to help nurture students, and develop program specifications (Mason & Gareth, 2013). These include cognitive subject skills, and career centers which will provide an added advantage to the students. While learning institutions take part in such initiatives, students, or graduates also need to be in the forefront in helping embrace the change in the job market (Mason & Gareth, 2013). Students need to be involved in self-evaluation programs through personality tests among others, in order to check their weaknesses and areas that need to be further worked on. There is also a need to consider the importance of on the job skills, in order to stand out from the rest in the competitive employment sector. Word count: 1020.
Surname10 Bibliography Bridges, D. 2013. Transferable Skills: a philosophical perspective. Studies in Higher Education, Vol 18, No 1, 43-51. Burgess, R. 2007. Beyond the honours degree classification: The Burgess Group final Report: http://bookshop.universitiesuk.ac.uk/downloads/Burgess_final.pdf Cranmer, S. 2006. Enhancing Graduate Employability: best intentions and mixed outcomes, Studies in Higher Education, Vol 31, No2, pp.169-184. Dearing, R. 2017. Higher Education in the Learning Society, (HMSO). New York: John Wiley and sons Hayward G. and Fernandez R. 2004. From core skills to key skills: fast forward or back to the future? Oxford Review of Education, Vol 30-1 Hinchliffe, G. 2012. Situating Skills. Journal of Philosophy of Education, Vol. 36.2, 67-202. Mason, R. & Gareth, H. 2013. How much does higher education enhance the employability of graduates? New York: Cambridge press. Norris, N. 2011. The Trouble with Competence. Cambridge Journal of Education, Vol 21, No 3, P331-341.